Cariola counsels EFE on promissory note programme registration
Cariola Díez Pérez-Cotapos has counselled Empresa de los Ferrocarriles del Estado (EFE), the Chilean state-owned railway company, in connection with the registration in the Public Offering Securities Registry of the Chilean Financial Market Commission of two 10-year and 30-year unsecured promissory note programmes, amounting to UF 6,000,000 (approx. US$225,000,000), and the public offering and placement of a Series AK 25-year term note in the Chilean capital market.
This transaction was completed on 23 May. The financial advisor and placement agent was Banco Santander Chile.
Roberto La Rosa and Diego Mandiola acted as in-house counsels to EFE.
Cariola’s team consisted of partner Rodrigo Sepúlveda (pictured left) and associates Glen Rybertt (pictured centre) and Alejandra Díaz (pictured right).